Should the government make cuts to public spending in order to reduce the national debt?

61%

Yes

39%

No

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A debt generally refers to something owed by one party, the borrower or debtor, to a second party, the lender or creditor. The lender or creditor can be a bank, credit card company, payday loan provider, or an individual. One country can also lend money to another country. Debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. The term can also be used metaphorically to cover moral obligations and other interactions not based on economic value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person.

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The main motive of a government is to provide welfare to the society. In the recent times, it has come to light that misuse of welfare funds is being done. The physically and mentally capable adults are dependent on welfare of the government. Instead of government providing funds to this category, they can divert their funds to the areas, which need utmost attention and motivate these capable adults to contribute in the economy.

The calculation of wage has become a herculean task of the government. A wage is a compensation for the work completed in a particular time or over a period of short tenure and it is given at the end of the term, which is pre-decided in the agreement signed by the employee. Many voices are of the opinion that government should raise the federal minimum wage and government is still in a dilemma looking at facts like higher debt and lower growth rate.

The government provides benefits to citizens in every way possible. The government is always looking forward to the welfare of the society. However, it is seen in the recent times that recipients of drugs are misusing funds being forwarded to them. The drug test for welfare recipients is in the loop and it might become visible in the coming times. In addition to it, it is still questionable whether government would opt for drug test or not.